SEMINARS

latest rsaem* @cebrig
January 21, 2021
by Nicolas Gavoille (Stockholm School of Economics, Riga)
"What we pay in the shadow: Minimum wage hike and labor tax evasion"
Co-written with Anna Zasova (Baltic International Centre for Economic Policy Studies) 
On Microsoft Teams

*research seminars in economics and management

LatEST BBS* @CEBRIG
February 11, 2020
by Kevin Pineda-Hernandez
"How Does Collective Bargaining Shape Inequality and Poverty among Working-Age Population? An Empirical Investigation for OECD Countries"
Discussant: Céline Piton
​On Microsoft Teams

*BROWN BAG SEMINARS

LATEST MANAGEMENT CAFE


​"Se reconvertir : pas de côté, grand écart, ou accélération?"
​
le 09 Décembre à 18h
Via Zoom

Depuis le premier confinement, vous réfléchissez à changer d’emploi ? Vous n’êtes pas seul.e.
Certain.e.s y réfléchissent, d’autres l’ont fait, en allant parfois très loin de leur domaine initial. Si vous vous posez la question, cherchez à passer à l’acte, ou vous demandez comment réussir une reconversion, venez partager votre avis lors du prochain Management Café !
 

PRESS

LATEST PRESS ARTICLES

LA LIBRE

MAREK HUDON
ALICIA DIPIERRI

the conversation

ANASTASIA COZARENCO
ARIANE SZAFARZ

LE VIF WEEKEND

SANDRA ROTHENBERGER
 

PUBLICATIONS

latest PUBLISHED WORKING PAPERS

WP-CEB: N°20-012

Anastasia Cozarenco &
​Ariane Szafarz

OUR ACTIVITY REPORTS

BOOKS

UCB
The First Ninety Years 1928-2018
​
by Kenneth Bertrams
Editions Lannoo
2019
Is Corruption Curable ?

by Khalid Sekkat
Palgrave Macmillan
​2018 
 

AWARDs

2019 WARREN SAMUELS PRIZE

Photo
Anastasia Cozarenco
Photo
Valentina Hartarska
Photo
Ariane Szafarz
CEB and CERMi are proud to announce that the 2019 Warren Samuels Prize was awarded to the article “Too Many Cooks Spoil the Broth: The Conflicting Impacts of Subsidies and Deposits on the Cost-Efficiency of Microfinance Institutions” authored by Anastasia Cozarenco (Montpellier Business School, France, and CERMi), Valentina Hartarska (Auburn University, USA) and Ariane Szafarz (ULB, SBS-EM, Centre Emile Bernheim, and CERMi, Belgium).
​
The Warren Samuels Prize is awarded by the Association for Social Economics (ASE) to a paper, presented at the Allied Social Science Associations (ASSA) Meetings, that best exemplifies scholarly work that is of high quality, is important to the project of social economics, and has broad appeal across disciplines.
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The rewarded article evaluates how subsidies affect the cost-efficiency of microfinance institutions (MFIs) while accounting for endogenous self-selection into the business models of credit-only versus credit-plus-deposit MFIs. The findings suggest that unsubsidized credit-plus-deposit MFIs have achieved optimal capacity and therefore constitute the most cost-efficient group of institutions. In addition, the unsubsidized credit-only MFIs are the farthest away from their minimum cost. Between the two polar cases, there are subsidized institutions, among which the credit-only ones are closer to optimal capacity. The results reveal the redundancy between subsidization and deposit-taking in microfinance. Combining funds from donors and depositors tends to harm cost-efficiency.
Last update
10.12.20